Master of Law Business Law Top Colleges, Syllabus, Scope and Salary

L.L.M. Business Law is a postgraduate Law course. The course gives an in-depth legal knowledge of issues such as Business governance and business liabilities. The candidate should have secured an L.L.B. degree or its equivalent from a recognized University, having obtained not less than 55% marks in the aggregate (50% in case of candidates belonging to SC/ST/OBC).

Top Institutes offering LLM Business Law are:

• National Law School of India University
• The West Bengal National University of Juridical Sciences
• The National Law Institute University
• Symbiosis Law School
• O.P. Jindal Global University, Jindal Global Law School

Its focus is upon the practical difficulties businesses experience when meeting their legal obligations and complying with regulatory frameworks. Business Law touches on everything from contracts, transactions, bankruptcy, and taxation to banking, trade regulation, competition, finance, and intellectual property. Given the importance of these areas to national and international business, it's no wonder why so many lawyers study and work in the field.

Such postgraduates are hired in capacities such as Legal Expert, Advocate & Attorney General, Law Reporter, Trustee & Advocate, Magistrate, Munsifs (Sub-Magistrate) Notary, Oath Commissioner, District & Sessions Judge, Public Prosecutor, Legal Advisor & Solicitor, Teacher etc.

The average tuition fee charged for the course in India ranges between INR 5000 and 2 Lacs for a span of 2 years, the starting salary offered in anywhere in India between Rs. 15,000 to Rs. 25,000 per month. After some skills and experience applicants can easily earn Rs. 40,000 to Rs. 60,000 per month.

LLM Business Law: Course Highlights

Listed below are some of the major highlights of the course.

LLM Business Law: What is it about?

This course is designed in a manner to increase employability of those who enrol for it. The course comprises business skills, regulatory wisdom, strategic prowess, profound legal and business knowledge.

LLM Business Law Course is suitable for those who want to focus on the legal aspects of commercial transactions, such as drafting contracts, insurance, financing, bank guarantees, insolvency issues and investments.

Candidates who are willing to have further higher degree also are good match for it.

They should possess good communication and interpersonal skills also are suitable for it.

They should be able to debate, good orator and can be able to satisfy their clients as per their cases.

LLM Business Law: Top Institutes

Listed below are some of the top institutes in India that offer the course.

Eligibility for LLM in Business Law

The candidate should have secured an L.L.B. degree or its equivalent from a recognized University, having obtained not less than 55% marks in the aggregate (50% in case of candidates belonging to SC/ST/OBC).

LLM in Business Law: Admission Process

Students need to initially fill the form either online on the college site or offline or Direct Mode, getting it from the Office of Admission at the University.

The candidates are then required to take the University Entrance Test. The second part of the admission process is based on the Skill Assessment which is also a written test, which tests the written skills, communication skills and logical reasoning of the candidates.

The next step of the admission process involves a personal interview of the candidate where the student is also assessed on the basis of the academic performances in class X, XII and the degree.

Further, the selected candidates after the personal interview will be categorized into three categories: Selected, Wait Listed and Not Selected.

List of LLM Entrance Exams in India

• Amity Law School Entrance Exam
• AP PGLCET
• Bangalore University LLM Entrance Exam
• Bharati Vidyapeeth University LLM Entrance Exam
• CCL Entrance Test
• CLAT
• CUST LLM Entrance Exam
• CLAT-LLM
• Delhi University LLM Entrance Exam
• Jamia Millia Islamia University LLM Entrance Exam
• LSAT
• NLIU Entrance Exam, LLM Entrance Exam

LLM in Business Law: Syllabus and Course Description

A year-wise breakup of the course’s syllabus is tabulated here.

LLM in Business Law: Career Prospects

The Business sector has seen an unprecedented growth in the last few decades. This has created a huge opportunity for the Business law professional in the industry. A Business lawyer is a person responsible for handling the business operations, decision in a legal way.

 The Business lawyer or attorney provides guidelines to the company’s that how the business is conducted within the legal limits. The Business legal counselor additionally takes care of the customers who has some kind of criminal allegations against them with respect to their business activities and also authorized any new business activity or business deal performed by an association.

There are ample of job opportunities available in government as well as private sectors. After pursuing degree in Business law, candidates can get job placements in law firms, insurers, banks, asset managers, etc. If they are interested in teaching field, they can become or appointed as a Teacher or Lecturer in colleges or universities after completing the master’s degree in Business law.

Some of the popular professional avenues open to successful graduates/ postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.

Aspirant seeking admission to 3 year Full-time L.L.M. Program should possess a degree in Law from any recognised University complying with the eligibility criteria are eligible for admission to Postgraduate Degree course with a minimum of 45% marks (40% for SC/ST candidates).